Let’s hope Honeywell chooses change. After an unfortunate two-decade journey into the “shareholders first” cul-de-sac, our industry deserves better.
Pretty good summary of the situation from Kevin @ Aviation Week.
He pointed out specifically how Honeywell su-ked cash from Aero to support the other businesses and the investment never paid off. Now Aero is obsolete and losing market share like crazy.
I don't recommend buying any "Honeywell" branded merchandise for a while. Might not be useful when you are carrying a GE badge. Not that I think of a business case that would entice GE to buy Honeywell short of a fire sale.